(CALI) Short-Term California Muni - Overview
Etf: Municipal, Short-Term, California, Investment-Grade
Dividends
| Dividend Yield | 2.80% |
| Yield on Cost 5y | 2.80% |
| Yield CAGR 5y | 38.47% |
| Payout Consistency | 95.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 1.01% |
| Relative Tail Risk | -2.86% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.78 |
| Alpha | -0.82 |
| Character TTM | |
|---|---|
| Beta | 0.002 |
| Beta Downside | -0.009 |
| Drawdowns 3y | |
|---|---|
| Max DD | 0.78% |
| CAGR/Max DD | 4.34 |
Description: CALI Short-Term California Muni December 22, 2025
The iShares Short-Term California Muni Active ETF (NASDAQ:CALI) invests primarily in U.S.-dollar-denominated, investment-grade municipal securities issued by the State of California that have remaining maturities of five years or less. Its holdings include short-term municipal bonds, notes, variable-rate demand obligations, as well as money-market instruments and registered investment companies, and the fund is classified as non-diversified.
Key metrics to watch: the fund’s weighted-average maturity is typically around 2 years, delivering an average 12-month yield near 3.2 % (tax-free at the federal level), while its expense ratio sits at 0.30 %. Credit quality remains high, with > 95 % of assets rated A- or better, and performance is sensitive to California’s fiscal health and the broader short-term interest-rate environment driven by Federal Reserve policy.
For a deeper dive into CALI’s risk-adjusted performance, you might explore ValueRay’s analytical tools.
What is the price of CALI shares?
Over the past week, the price has changed by +0.13%, over one month by +0.40%, over three months by +0.91% and over the past year by +3.29%.
Is CALI a buy, sell or hold?
What are the forecasts/targets for the CALI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 53.5 | 5.6% |
CALI Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 260.6m USD (260.6m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 260.6m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 260.6m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 5.92% (E(260.6m)/V(260.6m) * Re(5.92%) + (debt-free company))
Discount Rate = 5.92% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)